FREE Practice Note: 6 Structures for Reducing Risk in Mixed Use Developments

Mixed Use Devs Front Page

When a proposed mixed use development includes a residential element, a degree of caution should be exercised. A number of potential risks/issues arise. A number of these can, however, be avoided/reduced by careful ownership structuring at the outset. This note details the most common pitfalls and risks and sets out (including detailed diagrams) the best structures to minimize risk and safeguard viability in the most common scenarios.

Keywords: mixed use developments; right to manage; right to buy; right to extended lease; service charge issues; ownership structures.

Filed Under: Property

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